IBIT's outflow streak hits $1.66B

BlackRock's iShares Bitcoin Trust posted its seventh straight day of net withdrawals Monday, shedding $213 million and pushing the streak since October 30 to $1.66 billion. The broader US spot Bitcoin ETF market lost $201 million on the day, with a $22 million inflow to Morgan Stanley's fund barely denting the slide.

The numbers behind the streak

Farside Investors data shows the outflow run has now run seven consecutive sessions without a single day of net buying into IBIT.

• IBIT outflows hit $1.66B across seven sessions since Oct. 30, per Farside Investors
• Friday's single-day outflow of $412M was the sharpest of the run before Monday's pace slowed to $213M
• US spot Bitcoin ETFs have posted roughly $1.5B in net outflows over the past six sessions
• Year-to-date net withdrawals now sit at $1.1B, against roughly $25B in net inflows by early November in both 2024 and 2025
• Spot Ether ETFs saw about $185M leave Monday, their largest single-day pull since Oct. 6

What the streak signals

The default read treats this as sentiment fatigue, a Fear & Greed Index stuck at 32 translating into fund redemptions. The year-over-year comparison argues something structural.

IBIT and its peers pulled in roughly $25 billion by this point in 2024 and again in 2025. This year the same calendar window shows negative $1.1 billion.

That swing isn't noise around a single bad week. It's a full reversal of the flow pattern that defined spot Bitcoin ETFs since launch, and it's happening while Bitcoin itself trades down only 2.8% over seven days.

Prices fell far less than flows did. Allocators are stepping back from the wrapper while the underlying asset holds up in relative terms, which points at portfolio-level de-risking rather than a crypto-specific panic.

Coinbase's federal trust charter went effective Friday, the kind of institutional-legitimacy headline that would once have pulled money into the category. IBIT kept bleeding anyway.

That disconnect is itself the data point. Traders quoted in the source piece call it a warning sign for equities, not crypto, since stocks kept rising through the same week Bitcoin ETFs shed nearly half a billion dollars.

Where the flows go next

The streak either breaks on a single green day for IBIT or it compounds into the first full-year net outflow since spot Bitcoin ETFs launched in January 2024.

• Whether IBIT posts a net-inflow day before the streak reaches eight, which would mark the longest outflow run since launch
• Whether 2026 closes with net outflows versus the roughly $25B of net inflows logged in 2024 and 2025 by this point
• Whether Ether ETF outflows, now at $185M for the day, extend alongside Bitcoin's or decouple